At The Opening Order: In context of general equities, market order or limited price order that is to be executed at the opening (and corresponding price) of the stock or not at all, and any such order or portion thereof not so executed is to be treated as cancelled.

 

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At The Opening Order: In context of general equities, market order or limited price order that is to be executed at the opening (and corresponding price) of the stock or not at all, and any such order or portion . . . View Full Definition

Passer Rating: (also quarterback rating) a numeric value used to measure of the performance of quarterbacks. It was formulated in 1973 and it uses the player's completion percentage, passing yards, touchdo . . . View Full Definition

Pass-Through Rate: The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon.

Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.

Passion flower (Passiflora incarnata): Sedative, assists relaxation and sleep.

Pass-Along Rate: The percentage of people who pass on a message or file.

Passive Income Generator (PIG): An investment that favors passive income, such as an income-oriented real estate limited partnership.

Passive Radiator: A type of bass reflex speaker enclosure that includes a 'passive' woofer in addition to the main woofer. The passive woofer isn't powered, but moves in response to changes in air pressure in . . . View Full Definition

Passive Portfolio Strategy: A strategy that involves minimal expectational input, and instead relies on diversification to match the performance of some market index. A passive strategy assumes that the marketplace wil . . . View Full Definition

Passive Matrix: An older form of LCD (liquid crystal display) technology that processes pixels using row-and-column formatting. This type of formatting produces slower responce times and lower contrast rati . . . View Full Definition